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ALGEBRA PLEASE HELP ASAPPPPP PLEASEEE

Belinda is thinking about buying a house for $286,000. The table below shows the projected value of two different houses for three years:
Number of years 1 2 3
House 1 (value in dollars) 294,580 303,417.40 312,519.92
House 2 (value in dollars) 295,000 304,000 313,000


Part A: What type of function, linear or exponential, can be used to describe the value of each of the houses after a fixed number of years? Explain your answer. (2 points)

Part B: Write one function for each house to describe the value of the house f(x), in dollars, after x years. (4 points)

Part C: Belinda wants to purchase a house that would have the greatest value in 25 years. Will there be any significant difference in the value of either house after 25 years? Explain your answer, and show the value of each house after 25 years. (4 points)

User Avi Berger
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1 Answer

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Answer:

putting more than question is against app rules but alr

Part A: The value of each of the houses after a fixed number of years can be described by a linear function. This is because the value of each house increases at a constant rate, with the same amount added each year.

Part B: The function for House 1 could be written as f(x) = 294,580 + 8,937.6x, and the function for House 2 could be written as f(x) = 295,000 + 9,000x.

Part C: After 25 years, the value of House 1 will be approximately $750,834.40, and the value of House 2 will be approximately $753,000. The difference in value between the two houses after 25 years will be approximately $2,165.60, which is not a significant difference in the overall value of the houses. Therefore, either house would be a good choice for Belinda to purchase.

User Make It Perfect
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